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Sernova Corp T.SVA

Alternate Symbol(s):  SEOVF

Sernova Corp. is a Canada-based clinical-stage biotechnology company, which is developing therapeutic cell technologies for chronic diseases, including insulin-dependent diabetes, thyroid disease, and blood disorders that include hemophilia A. The Company is focused on developing a functional cure for insulin-dependent diabetes with its therapeutic cell technology, the Cell Pouch System, a novel implantable and scalable medical device with immune protected therapeutic cells. The Cell Pouch is a scalable, implantable medical device. The Cell Pouch is designed to create a vascularized organ-like environment for the transplantation and engraftment of therapeutic cells. Its regenerative medicine therapeutic approach is to provide cell therapies where the cells, transplanted within an organ-like vascularized implantable device, the Cell Pouch, generates proteins, hormones or factors released into the bloodstream for treatment of diseases requiring replacement of these molecules in the body.


TSX:SVA - Post by User

Post by Stockfshron May 26, 2022 11:09pm
272 Views
Post# 34711073

Stock chart

Stock chartWhen you look at a weekly chart of SVA like the one below, you can see that we have been in a fairly narrow trading range (ignoring the odd anomaly) since about March of 2021. That compares pretty favourably with the S&P Biotechnology Index one year return of -45.98% and the Nasdaq Biotechnology Index one year return of -22.15%. Often, the longer a stock trades sideways, the greater the breakout if and when it happens. I think we have a lot of strong retail hands waiting on developments. Hopefully, with our new partner and the uplist to the TSX, we will get some strong institutional money. Then we just need the sector to turn back green and Bob's your uncle.

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